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20100930
20100930
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the highway flyover. good evening. i'm jim bents. >> and i'm maureen gentzler. the tour bus fell 45 feet over the side of a hill on interstate 270. one person was killed in the crash, several others re trapped, and 270 was closed for five hours, clogging the evening rush hour way into virginia. >> this is a look at the crash site from chper 4 tonight. interstate 270 north reopened about 90 minutes ago. traffic now is finally getting back to normal. jack bensen is at suburban hospital where family members are arriving to be with the injured. we're with craig where it was just a news conference. craig? >> reporter: we'll get to that news komps conference in a secot everybody on the scene said it was horrifying to see the bus on that embankment the. they're going to be working with the marynd state police hand lipg the investigation, and they told me a short time ago that it could be some time before we know what happened. >> it was just before 4:00 that the bus fell over the flyover. >> i think it just slipped over there. >> moments later, other people who had pulled over started screaming. >>
be almost out of the woods. not even close and said maureen friar. >> we know from our studies delinquencies are up and foreclosures will continue. >> reporter: mucking up the situation more, revelations by two mortgage lenders. ally financial and j.p. morgan chase, that the employees were pushing through foreclosures without reviewing the paperwork for accuracy. >> sounds like they were processing them quickly for some and not applying what was necessary. >> reporter: they signed off on 10,000 to 18,000 foreclosures a month. ally and j.p. morgan chase have both said they will halt some of the foreclosures to review the procedures and many believe other lenders will do the same. >> people signed without reading and understanding and we think slowing it down is a good idea. some economists believe too much of a slowdown could further hurt the housing market. with unemployment high and home values low, the foreclosure hangover is going to be around for awhile and possible foreclosure fraud investigations could make it linger longer. >> isn't
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